- Increased sales but decreased profits for the past two years, due to a decline in the operating income margin.
- Occurrence of large-scale unprofitable projects in the “Environmental and Social Innovation Business” and “ICT Business” due to insufficient management capabilities for large-scale projects.
- PBR less than 1, indicating that the capital market's expectations for the company are not at 100%.
MIRAIT ONE Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, MIRAIT ONE Corporation disclosed greenhouse gas emissions of 1.8M tCO2e/year. By scope: Scope 1: 61.8K tCO2e/year; Scope 2: 13.0K tCO2e/year; Scope 3: 1.7M tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
1.8M tCO2e/year
2023
Renewable Energy
63% of total energy use (FY2023)
of total energy
Water Usage
47.0K m3/year
2023
Energy Use
289.4K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 61.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 13.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.7M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 1.8M tCO2e/year |
| 2021 | 2.5M tCO2e/year (FY2021) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 emissions by approximately 16.7% compared to the base year (2020) by accelerating the plan to switch to renewable energy in our own buildings.
- Achieved a CDP (Carbon Disclosure Project) “B rating”, two ranks higher than in FY 2022.
- Transition to renewable energy for power used in company-owned buildings: 63% completed
- Percentage of EV/HV for general-purpose vehicles: 24% replaced
- Industrial waste disposal ratio: 2.28%
🎯 Climate & Sustainability Targets
🔜 Short-term
- Transition to renewable energy for power used in company-owned buildings: over 80% completed (FY2024)
- Percentage of EV/HV for general-purpose vehicles: over 30% replaced (FY2024)
- Complete introduction of electronic manifests (FY2024)
📅 Medium-term
- Reduce greenhouse gas emissions by FY 2030: 42% reduction from the FY 2020 level (scope 1+2); 25% reduction from the FY 2020 level (scope 3)
- Reduce industrial waste final disposal ratio: 1.5% or below by FY 2030
- Creating human resources for growth areas: Over 1,000 people (FY 2026)
- Percentage of personnel with multiple qualifications: Target 50% or more by FY 2026
- Number of courses offered in “Mirai College”: Over 500 (FY 2026)
🔭 Long-term
- Achieve carbon neutrality by 2050
🌱 ESG Focus Areas
Realization of a decarbonized society through business activitiesContribution to environmentally-friendly and resilient urban and regional developmentSafety and quality improvementCo-creation of social value through collaboration with partnersEnhancing corporate governanceThorough complianceThorough risk managementPromotion of human resource development, workstyle reform, and health-oriented managementRespect for human rights and promotion of diversity and inclusion